Formul Plastik Ve Metalnayi AS (IST:FRMPL) Interest Expense: ₺ Mil (TTM As of Dec. 2024)


IST:FRMPL Formul Plastik Ve Metal Sanayi AS IST:FRMPL
22 GF Score
Price ₺35.00
! 1 Warning Sign
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What is Formul Plastik Ve Metalnayi AS Interest Expense?

Formul Plastik Ve Metalnayi AS IST:FRMPL -1.63% 22 Interest Expense is ₺ Mil as of Dec. 2024. GuruFocus rates IST:FRMPL with a GF Score™ of 22/100. The stock has 1 warning sign investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Formul Plastik Ve Metalnayi AS's interest expense for the six months ended in Dec. 2024 was ₺ -209 Mil. Formul Plastik Ve Metalnayi AS does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Dec. 2024.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Formul Plastik Ve Metalnayi AS's Operating Income for the six months ended in Dec. 2024 was ₺ 554 Mil. Formul Plastik Ve Metalnayi AS's Interest Expense for the six months ended in Dec. 2024 was ₺ -209 Mil. Formul Plastik Ve Metalnayi AS's Interest Coverage for the quarter that ended in Dec. 2024 was 2.65. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Formul Plastik Ve Metalnayi AS  (IST:FRMPL) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Formul Plastik Ve Metalnayi AS's Interest Expense for the six months ended in Dec. 2024 was ₺-209 Mil. Its Operating Income for the six months ended in Dec. 2024 was ₺554 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was ₺29 Mil.

Formul Plastik Ve Metalnayi AS's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*554.451/-209.027
=2.65

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.

Formul Plastik Ve Metalnayi AS Interest Expense Historical Data

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The historical data trend for Formul Plastik Ve Metalnayi AS's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Formul Plastik Ve Metalnayi AS Interest Expense Chart

Formul Plastik Ve Metalnayi AS Annual Data
Trend Dec22 Dec23 Dec24
Interest Expense
-206.29 -111.29 -209.03

Formul Plastik Ve Metalnayi AS Semi-Annual Data
Dec22 Dec23 Dec24
Interest Expense -206.29 -111.29 -209.03
IST:FRMPL
22GF Score
Formul Plastik Ve Metal Sanayi AS IST:FRMPL
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Formul Plastik Ve Metalnayi AS Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of ₺ Mil mean?
Formul Plastik Ve Metalnayi AS (IST:FRMPL) has a Interest Expense of ₺ Mil as of Dec. 2024. Interest Expense is the amount a company pays on its long-term debt. View historical data on Formul Plastik Ve Metalnayi AS and its competitors.
Is Formul Plastik Ve Metalnayi AS's Interest Expense too high?
Formul Plastik Ve Metalnayi AS's current Interest Expense is ₺ Mil. Overall, Formul Plastik Ve Metalnayi AS has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Formul Plastik Ve Metalnayi AS's Interest Expense compare to CRH and VMC?
Formul Plastik Ve Metalnayi AS's Interest Expense of ₺ Mil can be compared against companies in the Building Materials industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Building Materials company?
A good Interest Expense depends on the Building Materials industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Formul Plastik Ve Metalnayi AS and its competitors. Formul Plastik Ve Metalnayi AS's current Interest Expense is ₺ Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formul Plastik Ve Metalnayi AS stock overvalued right now?
Formul Plastik Ve Metalnayi AS (IST:FRMPL) has a current Interest Expense of ₺ Mil. The current Interest Expense is ₺ Mil. Formul Plastik Ve Metalnayi AS's overall GF Score™ is 22/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Formul Plastik Ve Metalnayi AS (IST:FRMPL), the current Interest Expense is ₺ Mil as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Formul Plastik Ve Metalnayi AS Business Description

Address Gurpinar Yolu Caddesi, Cumhuriyet Mahallesi, Kaya Milenyum Is Merkezi K:8 N:5A/144, Buyukcekmece, Istanbul, TUR
Formul Plastik Ve Metal Sanayi AS is engaged in manufacturing PP-R pipes and fittings, PVC pipes and fittings, and PE-RT pipes. It also produces brass inserts and fittings. The company operates under the brand names Formul, Aquapa, Foraqua, Aquaplast, and Aquapipe. Geographically, it serves Africa, CIS countries, Far East, Middle East and South America.
22GF Score

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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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